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Ashoka Metcast - Stock

Ashoka Metcast P/E 2024

Ashoka Metcast P/E

14.74

Ashoka Metcast Dividend yield

Ticker

540923.BO

ISIN

INE760Y01011

As of Jun 5, 2024, Ashoka Metcast's P/E ratio was 14.74, a 96.27% change from the 7.51 P/E ratio recorded in the previous year.

The Ashoka Metcast P/E history

Ashoka Metcast Aktienanalyse

What does Ashoka Metcast do?

Ashoka Metcast ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Ashoka Metcast's P/E Ratio

The Price to Earnings (P/E) Ratio of Ashoka Metcast is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Ashoka Metcast's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Ashoka Metcast is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Ashoka Metcast’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Ashoka Metcast Stock

What is the price-to-earnings ratio of Ashoka Metcast?

The price-earnings ratio of Ashoka Metcast is currently 14.74.

How has the price-earnings ratio of Ashoka Metcast changed compared to last year?

The price-to-earnings ratio of Ashoka Metcast has increased by 96.27% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Ashoka Metcast high compared to other companies?

Yes, the price-to-earnings ratio of Ashoka Metcast is high compared to other companies.

How does an increase in the price-earnings ratio of Ashoka Metcast affect the company?

An increase in the price-earnings ratio of Ashoka Metcast would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Ashoka Metcast affect the company?

A decrease in the price-earnings ratio of Ashoka Metcast would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Ashoka Metcast?

Some factors that influence the price-earnings ratio of Ashoka Metcast are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Ashoka Metcast pay?

Over the past 12 months, Ashoka Metcast paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Ashoka Metcast is expected to pay a dividend of 0 INR.

What is the dividend yield of Ashoka Metcast?

The current dividend yield of Ashoka Metcast is .

When does Ashoka Metcast pay dividends?

Ashoka Metcast pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Ashoka Metcast?

Ashoka Metcast paid dividends every year for the past 0 years.

What is the dividend of Ashoka Metcast?

For the upcoming 12 months, dividends amounting to 0 INR are expected. This corresponds to a dividend yield of 0 %.

In which sector is Ashoka Metcast located?

Ashoka Metcast is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Ashoka Metcast kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ashoka Metcast from 6/5/2024 amounting to 0 INR, you needed to have the stock in your portfolio before the ex-date on 6/5/2024.

When did Ashoka Metcast pay the last dividend?

The last dividend was paid out on 6/5/2024.

What was the dividend of Ashoka Metcast in the year 2023?

In the year 2023, Ashoka Metcast distributed 0 INR as dividends.

In which currency does Ashoka Metcast pay out the dividend?

The dividends of Ashoka Metcast are distributed in INR.

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Andere Kennzahlen von Ashoka Metcast

Our stock analysis for Ashoka Metcast Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Ashoka Metcast Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.